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joe smith1

08/23/11 12:19 PM

#53958 RE: uptickspoter #53956

I guess I was hoping for more of a mathematical number based answer rather then everything I already have heard 1000x.

Have you gone through the numbers from the quarterly's to figure out how many tractors and implements the company would have to sell in order to break even or make a profit? Expanding means that expenses will go up, etc.

How do you feel a company like Tytan would do when the us economy inevitably ends up in another recession? back in 2008 and 2009, tytan did not fair very well during the recession.
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Suspect

08/23/11 12:19 PM

#53959 RE: uptickspoter #53956

Mark Leonard sold Rhino for $2,663,000. The sales declined so badly that it was sold off by the new owner a couple years later.

To say that TYTN is worth anything more than what Rhino was sold for is not realistic.